No rigs, but we have a new plane.
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Poster said it was the only thing of value. Didn’t say it was valuable/how much. Agree the value is low.
You don’t get a junk stock moniker because you have “a diverse portfolio of premier assets”. Time to give this horse one last kick. We have zero rigs in the US people.
Lol alpine has value. The empty lot next to POC that we own is worth more than AH. Only difference is we haven’t sunk $4 billion into the empty lot we own next to POC.
Until it starts to magically produce oil, it isn’t saving us from diddly squat, except getting acquired. It’s definitely saving us from that.
Not sarcastic at all. AH is the only thing of value. JC is working hard to bring it back online not 3 months after publicly walking away from it. Some CEO.
Permian is a waste. Egypt small and declining. NOrtH Sea a mess. Suriname not ours and just an exploration license. Get a clue. AH, and SK whether you liked him or not, are going to save the place.
The SK/SA commenter below is almost guaranteed to be sarcastic with that comment. And it definitely rustled my jimmies before I took a deep breath and realized it was, probably, sarcasm.
Because no one actually believes that, nor would they ever.
"Funny how AH is likely to save the place. Thank goodness for SA crew and SK afterall."
Exactly! It was John Christmann and the Permian crew that put us in the drain circle we are in now. Thanks, guys.
Yes. Funny how AH is likely to save the place. Thank goodness for SA crew and SK afterall.
I bet John resurrects Alpine High.
Analyst tends to be the lowest rank in a bank. Some young person out of college. No wonder...
Operator: in high nasal tone “next on the line is (analyst name) from sockatey ganaral”
Analyst: from 50 feet away from phone receiver “good morning guys”
JC: turns volume to 11 “GOOD MORNING (ANALYST NAME)”
Analyst: trying to recover from the audio assault, still 50 feet away from receiver “just want to congratulate you guys on the great quarter”
JC: turns volume up to 13: “THANKS (ANALYST NAME), WE’VE REALLY TURNED THE CORNER THIS LAST QUARTER”
Audience: calculates how many times APA has turned the corner now, and realizes they’ve actually gone in about 10 circles.
I hear that and have always just assumed these analysts are sub-par, but sarcastic! Haha!
Mostly excited for the sycophantic analysts who open every question with "great quarter, guys."